CALGARY — Calfrac Well Services Ltd. says it is suspending any investments in Russia. The company says despite the fact that the provision of parts and equipment are not restricted by sanctions, it cancelled shipments that were bound for Russia when the country...
CALGARY — Vermilion Energy Inc. has signed a deal to buy junior energy company Leucrotta Exploration Inc. for $477 million. Leucrotta is a Montney-focused oil and natural gas exploration and development company with property in northeast British Columbia and northwest...
By Mia Rabson in Ottawa Canada’s oil and gas producers can hike output by the equivalent of 300,000 barrels a day by the end of the year to help displace Russian fossil fuels, Natural Resources Minister Jonathan Wilkinson said Thursday. Wilkinson, speaking at...
OTTAWA — The Liberals and New Democrats have reached an agreement that would see the NDP support Justin Trudeau’s minority government through to 2025. The deal is a “confidence and supply” agreement effective immediately, Trudeau said Tuesday. This...
HALIFAX — Atlantic Canada’s premiers are holding off on any move toward permanent daylight time until they see what neighbouring jurisdictions do. The premiers told reporters in Halifax Monday that it doesn’t make sense at this point to make the time change on their...